At the reception (Photo: VNA)

He made the statement during his reception for Mr. Choi Joo-ho, new General Director of Samsung Vietnam, on April 23rd.

He noted that the Hanoi authorities had granted licence and completed procedures for the project in late 2015 and early 2016. So far, it also agreed with Samsung Vietnam’s proposal to build the new Samsung Research and Development Centre at a new location.

The chairman voiced his hope that Samsung will accelerate the project to promptly start the construction of the center.

For his part, Mr. Choi Joo-ho said after a delay, the project to build the Samsung Research and Development Center had been resumed.

Accordingly, the center will cover an area of about 11,600 square meters, capable of welcoming some 3,000 people, in Hanoi’s Tay Ho Tay (West Lake) urban area. It strives to become a world-class research and development center.

According to Mr. Choi Joo-ho, it will be the sole center specialising in mobile phones and network devices, and is expected to take the lead in Samsung’s 5G technology development, contributing to the building of smart factories in Vietnam in the future. “The center will also help strengthen the position of Vietnam as Samsung’s strategic hub in the region, and serve as a headquarters of Samsung in Vietnam,” he added.

Samsung is now running six factories in Vietnam, together with a research center and a business in Hanoi. Last year, Samsung Vietnam gained export revenues of over USD60 billion, accounting for 25% of nation’s total export value./.

Compiled by BTA